Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 198.54

-4.1%

3:59 PM EST

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To: Trader J who wrote (56446)	8/28/2024 8:05:32 PM
From: Trader J	of 56532

NVDA: I tried to sell 20% of my NVDA long shares AH at $119 but failed to realize an important fact. Since I was 1:1 leveraged with my covered calls, if I were to sell any of the underlying shares, that would leave me with a 20% naked position. Being that this is an IRA, it was disallowed. It took me a couple of tries before I realized what was going on, verified that fact with support and then agreed that it shouldn't be allowed. So, I'm carrying the shares into tomorrow. So be it.

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